Newsletter

Congressman Zach Nunn Highlights Community Development Financial Institutions (CDFI) Bill with Iowa Credit Unions

Congressman Zach Nunn joined Iowa credit union leaders and members at Veridian Credit Union’s downtown Ingersoll branch today to speak on his new bill, the Rural Credit Access Act of 2024. The bill would ensure Iowans and consumers across the country have greater access to Community Development Financial Institutions (CDFIs) and the programs they provide to underserved and low-income communities. 

Learn more here.

NCUA Releases Supervisory Priorities for 2024: What You Should Know

The National Credit Union Association (NCUA) released its Supervisory Priorities for 2024, and ViClarity Senior Director of Client Solutions Jovilyn Herrick and Senior Director of Audit Services Carrie Helmle have summarized what your credit union needs to know. 

Looking to improve your credit union's compliance processes? ViClarity’s experts can assist you through NCUA examination expectations and help to identify potential problem areas. Questions not related to an NCUA examination? The ViClarity team can guide you through other items related to risk, compliance and audits as well.

ICUL member credit unions have access to a variety of compliance services and resources through ViClarity. Find more information here.

Share Fraud Prevention Event Opportunities with Members

Millions of Americans are swindled out of almost $28.3 billion each year, and this includes our Iowa credit union members. Fraud prevention tips and tools are more important than ever, and there are multiple educational opportunities available throughout the state this year.

• The Iowa Department of Insurance & Financial Services and AARP are offering free Stop the Scammer events
• Iowa State University’s Extension and Outreach is hosting Stay Independent: Spot, Stop, and Avoid Fraud trainings

Learn about TruStage Services and Products Through Webinars

TruStage’s interactive webinars are a great way to understand not only product details but also how to achieve financial success, reduce your risks, and better serve your members. Learn more and register here.

As a strategic partner of ICUL, TruStage offers insurance and protection for credit unions, employees and members; lending solutions and marketing programs; consumer insurance products; and investment and retirement services. TruStage and ICUL partner together to educate and inform Iowa credit unions.

Class Action Update: Registering Arbitration Agreements 

Katten Muchin Rosenman LLP shares an update on a new wave of class action lawsuits filed against several California banks related to non-disparagement provisions in consumer contracts and offers suggestions on what steps your credit union should take to avoid a similar lawsuit.

For questions regarding this update, contact Stuart Richter.

For general updates or legal questions, contact Barker, Hodgson & Miller, P.C. (BHM). 

ICUL member credit unions have access to a variety of legal services and resources made available through ICUL's strategic partnership with BHM.

Industry News & Events

Industry News

Have news to share? Email marketing@iowacreditunions.com. You must be logged onto the members-only website in order to view submitted content.

• Iowa Credit Union Foundation Invested Over $165,000 to Support Financial Well-Being of Iowans in 2023
• GreenState Credit Union Names Vikram Israni as CEO
• Serve Credit Union Welcomes Andy Johnson as COO
• Community 1st Credit Union Named Top 250 Regional Credit Union in America by Newsweek

Upcoming ICUL Events

• February 20-21 - Legislative & Regulatory Conference
• March 3 - Governmental Affairs Conference
• March 13 - Marketing Roundtable
• March 28 - The State of Credit Union Strategy Board Education Webinar
• April 3 - Accounting & Finance Roundtable
• April 10 - Human Resources Roundtable
• April 16 - Frontline BSA Training

View the full ICUL event calendar here.